Customers Bancorp CFO Carla Leibold departs; $2.5M severance, equity forfeited

Customers Bancorp, Inc.

Carla Leibold separated as CFO on April 10, 2024; agreement signed April 25.
Severance of $2.5M payable in equal installments over 2 years; all unvested equity forfeited (25k options, 20,685 PSUs, 29,981 RSUs).
SERP and split-dollar life insurance terminated; noncompete, nonsolicitation, indemnification continue.
Leibold represents no knowledge of legal/regulatory violations; mutual general release granted.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Carla A. Leibold

Executive Vice President and Chief Financial Officer

CUBI · Customers Bancorp, Inc.

Effective: 2024-04-10
Filed: April 25, 2024, 7:59 PM ET

Carla A. Leibold, who had served as the Company’s Executive Vice President and Chief Financial Officer from November 2018 through April 10, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Carla A. Leibold departed as Executive Vice President and Chief Financial Officer at Customers Bancorp, Inc..

Action: separated
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Carla A. Leibold, who had served as the Company’s Executive Vice President and Chief Financial Officer from November 2018 through April 10, 2024

View on SEC.gov

Customers Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001488813-24-000044

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.